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The Indian rupee traded in a narrow range on August 26, closing at 79.88 per dollar. Strong dollar demand from oil importers held the currency back even as the greenback weakened.
Oil importers' dollar demand with crude above $100 keeps India's import costs elevated, which can raise feed input prices.
brecorder.comReutersAug 26, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
